Bullion regains glitter on monetary contradictions

23.06.2022

Gold rose on Wednesday as renewed fears of a recession bolstered bullion's allure as a safe haven and countered pressure from a firmer dollar, while investors awaited monetary policy cues from the Federal Reserve.

Spot gold reversed initial declines to rise 0.4% to $1,839.86 per ounce by 1145 GMT, while U.S....